Against the backdrop of continuous evolution in the decentralized derivatives trading sector, StandX is continuously strengthening its competitiveness through product innovation. Recently, StandX officially launched two core upgrade proposals, SIP1 (Block Trade) and SIP2 (Position Yield), enhancing user experience and strategy efficiency from the dimensions of trade execution and capital earnings. This also marks a further deepening of StandX's product mechanism and earnings design, signaling the project's ongoing advancement.

1. SIP1: Price Discovery Mechanism for On-Chain Block Trades

The introduction of SIP1 is primarily aimed at users with large trading demands, providing a more efficient and low-impact on-chain transaction method.

In a traditional on-chain trading environment, large orders often face serious slippage, high market impact costs, and insufficient liquidity. SIP1 introduces a mechanism similar to "over-the-counter matching + on-chain settlement," allowing users to complete price discovery and execution of large trades on-chain.

Its core value lies in:

• Reducing slippage impact: Achieving an "almost no slippage" trading experience through dedicated price negotiation and matching mechanisms.

• Optimizing transaction efficiency: Avoiding costs and delays associated with executing orders one by one in the public order book.

• Enhancing capital utilization: More suitable for institutions, whale users, or large entry and exit needs for high-frequency strategies.

The essence of SIP1 is to bring the mature Block Trade mechanism from traditional finance on-chain, providing DeFi users with more professional trading tools, while also endowing the on-chain market with stronger capacity.

2. SIP2: Embedding "Earnings" into Positions Themselves

If SIP1 addresses “how to trade better,” then SIP2 answers another key question: how to ensure that the position itself continuously generates earnings.

The core of SIP2 is to further enhance user earnings based on the existing DUSD earnings mechanism, directly binding earnings to the positions. This means:

• Trading users: When trading contracts, the margin can not only earn DUSD earnings but also the position can continuously generate earnings.

• Conservative users: Even if they do not trade frequently, they can achieve stable returns by holding DUSD and participating in related strategies.

This design essentially breaks the problem of "idle funds" found in traditional trading platforms, allowing user assets to have earning capabilities in any state.

3. Strategy Earnings Enhancement: Making Professional Trading More Advantageous

One of the key highlights of SIP2 lies in its significant enhancement of various strategies. Taking the common funding rate arbitrage as an example:

• Traditional strategy earnings source: Funding rate difference.

• On StandX:

  • Users during position opening can use DUSD as margin and continuously earn base earnings.

  • At the same time through SIP2, additional earnings rewards can also be obtained during the position period.

This means that users not only earn from the strategy itself but also accumulate "margin earnings + position earnings enhancement." As a result,

this dual earning structure will significantly enhance the overall ROI of strategies, making StandX more attractive to traders and quantitative teams.

4. SIP1 + SIP2: Innovative Combination of Trading and Earnings

Moreover, SIP1 and SIP2 do not exist in isolation but can create a synergistic effect:

• Through SIP1: Users can complete large positions with an approach close to no slippage.

• Through SIP2: Continuously obtain earnings enhancements during the position period.

This combination means that the entire transaction lifecycle from "entry" to "holding" is optimized. Users can not only enter the market at a better price but also earn additional rewards during the holding phase; this integrated design is a particularly innovative aspect in the current DeFi derivatives market.

5. StandX: Continuously Building a Differentiated PerpDEX

As a decentralized trading platform created by the core team from Binance Futures, StandX has been focusing on product mechanisms and user experience innovation since its launch.

Currently, StandX has achieved the following key developments:

• Daily average trading volume exceeds $500 million.

• DUSD TVL exceeds $100 million.

• Established a yield-based trading system centered on DUSD (Trading Equals Earnings).

Unlike traditional PerpDEX, StandX’s core philosophy lies in embedding “earning capability” into the trading infrastructure itself rather than relying on external incentives. The launch of SIP1 and SIP2 is a further embodiment of this philosophy, enhancing trading efficiency while strengthening capital earnings, allowing the platform to form a clear differentiation in the competitive PerpDEX field.